This seems to be mostly market related. I'm getting clobbered on most everything in my portfolio. POWR is a stock that they can easily take down in a weak market. I don't think the downward movement has much to do with any company news. Although, some positive or new orders news could help limit the downside.
What is the worry about dilution? There is no profit to dilute. as yet, and may not be for a while. Since they are losing money, dilution will actually lower the loss per share. This should be a growth story right now, not an earnings per share story.
I would bet that he is making much more than $100K at PLUG, when you look at his whole package. The downward movement today is on less than average volume, which indicates to me that there is no big dumping of shares based on bad news.
Perhaps the CFO departing news is pulling at this a little more than the usual manipulations. But with over $300 million in backlog of orders and this trading at less than 1X sales, there is huge room for upside.
Until they have a real pipeline of deals with predictable closing and implementation dates, they will not be able to give any reliable forward guidance. Still too risky to step into the stock at this point.
This thing trades at a fraction of a penny. Who's making money off this to make it a scam? It's a penny stock, with penny stock management. A small company with big aspirations.
The timing of this press release is suspicious, given the pending lawsuits. Also, the deal is really $10 million dollars over an 18 month time frame and nothing booked until 2015. The rest of the revenues is over the five year maintenance contract. I think this is certainly positive, but we have seen these "game changing" press releases before, only to see that it is the same old game.
I lived in in Tokyo in 98 and to be honest beer prices have hardly moved. I'd rather be coming over now with the high yen too. The imperial pint prices are actually on par with what I pay in a British theme bar here in Adelaide South Australia. If you live and work in Japan the price of Beer is quite reasonable and spirits are well frankly half of what I pay here.
investwisely1234. You are truly a manic depressive and a whiner. I have sympathy for the disease but I have no sympathy for a whiner. NQ....love it or leave it.
I followed KNDI yesterday. Too volatile for me. It moved down close to $2.50 within a couple of hours. That's crazy. POWR is headed back to $12 (I hope) where I will dump my trading shares and then recycle.
This stock is swinging on average over 50 cents a day from its low to its high. I decided to keep a core position in POWR and buy an equal amount to trade each day to capture the 50 cent swing. Heck, $1,000 per day trading gains are good. Who knows how long it will trade in this pattern.
Ha ha ha ha. That's so funny. I wouldn't call $10,000 - $15,000 of stock traded a day heavy volume or large holders bailing out. What planet are you from? Do have have hobbies, or is posting nonsense your new hobby?
I agree. The dust has settled on the DOJ/SEC investigation. You would be crazy to be calling them and stirring it up again. They are not going to share any information with you, and they are certainly not going to take your advice.
"i am sure no small players are left who would risk their money on the long side or the short side.."
And who do you think all these people are on this message board are? Institutions?
"Management should sue these crooked lawyers for causing damage to shareholders..."
The damage to shareholders is being caused by management, not by the lawsuits. The pipeline of deals they always refer to must be hundreds of miles long, as nothing is coming out of the spigot yet.
Really? And who would be funding the purchase of all of these shares? It's one thing to finance a buyout, but another to just spill cash into the stock. Secondly, you try to buy 50% of the shares in the open market and see what happens to the share price after you pull a lot of the float from the market.
I don't follow the charts, but this gets pushed back when it goes over 12.80. It wants to rise, but someone is playing this back down each time. Programmatic day traders working a channel?
You can buy all you want at .0002. I've had a .0001 order in for days. Very few transactions are happening at .0001, and there are orders for millions of shares trying to buy at .0001.